Data from the National Center for Science and Engineering Statistics shows that 13.7 percent of firms who use artificial intelligence experienced an increase in total employment.

Fact of the Week: Over 13 Percent of Firms That Use Artificial Intelligence Have Expanded Their Workforce

At the current pace of AI growth, compute demand is projected to increase by a factor of 125 by 2030, requiring more and larger data centers that consume large amounts of energy. In fact, data center capacity will need to grow by 130 percent by 2030 to meet this demand.

Fact of the Week: Data Center Capacity Will Need to Increase by 130 Percent by 2030 to Meet the Demand for AI

A report finds that firms that are 125 miles from the closest AI hotspot, defined as an area with over 1000 AI publications or patents, experienced 17 percent lower AI job growth between 2007 and 2019.

Fact of the Week: Commuting Areas Far From AI Hotspots Experienced 17 Percent Lower Growth in AI Jobs

In 2019, the AI workforce made up 0.37 percent of the total workforce in the United States, which ranked 10th out of 24 OECD nations and was only slightly higher than the OECD average of 0.34 percent.

Fact of the Week: US Ranks 10th Among OECD Countries in Share of Employees With AI-Related Skills

An estimate from the Electric Power Research Institute approximates that the demand of electricity by data centers will increase from 4 percent to 9 percent of total electricity in the United States by 2030.

Fact of the Week: Data Centers Are Projected To Consume Up To 9 Percent of US Electricity Generation by 2030

Companies invest in innovation to be competitive and to ensure their long-term financial success, and in so doing they create jobs and spur productivity, writes John Wu in Innovation Files.

Fact of the Week: The 2,500 Companies That Together Account for 90 Percent of the World’s Business R&D Are Hiring Workers Faster Than the Population Is Growing

Fact of the Week: The 2,500 Companies That Together Account for 90 Percent of the World's Business R&D Are Hiring Workers Faster Than the Population Is Growing

A recent White House report noted that inflation-adjusted spending on manufacturing construction increased nearly 100 percent since the end of 2021 after decades of stagnant investment growth.

Fact of the Week: Spending on Manufacturing Construction Increased Nearly 100 Percent Since the End of 2021

The costs and complexities of AI suggest that it is easier and more economical for larger firms to use.

Fact of the Week: Firms With More Than 1,000 Employees Are 10 Times More Like to Use AI Than Firms With 5 to 10 Employees

AI isn’t destroying jobs; it’s creating them. At least in 2024, the surge in AI activity and data center construction generated more jobs than AI displaced.

Fact of the Week: Construction Industry Facing a 439,000-Worker Shortage Driven by the Growth of Data Centers

Related

Fact of the Week: Over 13 Percent of Firms That Use Artificial Intelligence Have Expanded Their Workforce

Fact of the Week: Data Center Capacity Will Need to Increase by 130 Percent by 2030 to Meet the Demand for AI

Fact of the Week: Commuting Areas Far From AI Hotspots Experienced 17 Percent Lower Growth in AI Jobs